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lokka1 wrote:All of the resolutions were approved. You will get the Rs. 25 dividend and the buy back of shares at Rs. 2500.00
lokka1
There is fb msg for uEGG wrote:Thanks for the update. Appreciate it.
I checked with the AIA secretary about this. She said once the SEC gives approval to de-list it will take about a month to get their approval and another two more weeks to disburse the money. She also said the share holders will receive the Rs. 2500 without any deductions. So I suppose that is good news.Agape wrote:The Chqs will be most probably sent in early May19 given the New Yr Holidays-For Margin Ac Holders the chq will be sent direct to the Margin provider.I do believe that also there will be a WHT @ 14% -So the full Rs 2,500\= will not be paid-My understanding is that WHT will be deducted on the Difference betwen the Buyback Price and the closing MV on the date of Announceent-Thus WHT will be Rs (2,500-1,550)@14%=Rs133\=per share.
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